Norman Spero Day School Endowment Fund

BEACHWOOD, OH EIN: 20-3598882

Norman Spero Day School Endowment Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEACHWOOD, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $764K in total assets. In 2024, it awarded 11 grants totaling $38K. Net investment income was $34K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$764K

-0.8% YoY

Annual Giving

$38K

-3.8% YoY

Grant Count

11

+0.0% YoY

Avg Grant Size

$3K

-3.8% YoY

Under IRS private-foundation payout rules, Norman Spero Day School Endowment Fund reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.

About Norman Spero Day School Endowment Fund

Based on IRS filings

Norman Spero Day School Endowment Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEACHWOOD, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $764K in total assets. In 2024, it awarded 11 grants totaling $38K. Net investment income was $34K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BeachwoodBrooklynClevelandJackson TownshipNew YorkPepper PikeUniversity Heights

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$21K$42K$63K$84K20202021202220232024
Metric202420232022
Total Assets$763,770$769,762$790,653
Revenue$35,753$23,173$76,537
Expenses$41,745$44,064$43,441
Qualifying Distributions$39,675$41,200$39,338
Net Investment Income$33,701$21,420$74,852
Distributable Amount$41,935$38,814$41,001

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$29K$39K7 grants20208 grants20218 grants202211 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FUCHS MIZRACHI SCHOOL$10KGROSS SCHECHTER DAY SCHOOL$7KHEBREW ACADEMY OF CLEVEL…$7KCAMP STONE$6KAMERICAN FRIENDS OF YESH…$4KGREEN ROAD SYNAGOGUE$2KAMERICAN FRIENDS OF UNIT…$750AMERICAN FRIENDS OF MAGE…$500ZAKA TELAVIV$500CHILDREN'S BRIDGE OF ZIC…$250

Grant Size Distribution

45 grants across all recorded years

45<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Fuchs Mizrachi School ($10,000), Gross Schechter Day School ($7,000), Hebrew Academy of Cleveland ($7,000).

RecipientPurposeAmount
AMERICAN FRIENDS OF YESHIVAT KOL TZOFAYIAH BEACHWOOD, OHEDUCATIONAL PROGRAM$4,000
CAMP STONE BEACHWOOD, OHSCHOLARSHIPS$6,000
CHILDREN'S BRIDGE OF ZICHRON MENACHEM NEW YORK, NYEDUCATIONAL PROGRAM$250
FUCHS MIZRACHI SCHOOL UNIVERSITY HEIGHTS, OHHIGH SCHOOL RETREAT$10,000
GREEN ROAD SYNAGOGUE BEACHWOOD, OHYOUTH PROGRAM AND CAMP STONE SCHOLARSHIPS$1,500
GROSS SCHECHTER DAY SCHOOL PEPPER PIKE, OHEDUCATIONAL PROGRAM$7,000
HEBREW ACADEMY OF CLEVELAND CLEVELAND, OHROOM DEDICATION$7,000
AMERICAN FRIENDS OF MAGEN DAVID ADOM NEW YORK, NYGENERAL SUPPORT$500
AMERICAN FRIENDS OF UNITED HATZALAH NEW YORK, NYGENERAL SUPPORT$750
ZAKA TELAVIV JACKSON TOWNSHIP, NJGENERAL SUPPORT.$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BARRY A LEFKOTRUSTEE0.1
STEVEN SOCLOFTRUSTEE0.1
MICHAEL WIEDERTRUSTEE0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Norman Spero Day School Endowment Fund?

Norman Spero Day School Endowment Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEACHWOOD, OH. It holds $764K in total assets as of 2024.

How large is Norman Spero Day School Endowment Fund?

As of 2024, Norman Spero Day School Endowment Fund holds $764K in total assets with $36K in annual revenue. It awarded 11 grants totaling $38K in 2024.

Where does Norman Spero Day School Endowment Fund operate?

Norman Spero Day School Endowment Fund has awarded grants in New Jersey, New York, Ohio.

What size grants does Norman Spero Day School Endowment Fund award?

In 2024, Norman Spero Day School Endowment Fund awarded 11 grants totaling $38K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Norman Spero Day School Endowment Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Norman Spero Day School Endowment Fund reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Norman Spero Day School Endowment Fund's EIN?

Norman Spero Day School Endowment Fund's EIN (Employer Identification Number) is 20-3598882. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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